Business Development Corporation of America has declared a special common stock distribution of $0.05 per share, which will be paid in addition to the current distribution of 7.90% per share.

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American Realty Capital Trust, Inc., (“ARCT” or the “REIT”) announced today its operating results for the quarter and year ended December 31, 2011.

“The fourth quarter of 2011 evidenced the long-term earnings power of ARCT, as we completed the acquisition phase of the strategy we commenced just four years ago this month. Our team accretively invested the remaining proceeds from our offering by acquiring an additional $283 million of investment properties within our core discipline,” said Nicholas S. Schorsch, Chairman and Chief Executive Officer of the REIT. “We are doing exactly what we said we would do from the start. The team’s hard work and support from our valued broker-dealers, financial advisors and their investors have afforded us a tremendous opportunity to forever change the public non-listed industry,” added Mr. Schorsch. “The Company’s listing on The NASDAQ Global Select Market anticipated later this month clearly demonstrates our alignment with our shareholders’ interest as we position ARCT for a profitable exit.”

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American Realty Capital Trust, Inc. (“ARCT” or the “Company”) announced today that its board of directors has determined that it is in the best interest of the Company and its stockholders to internalize the management services currently provided by American Realty Capital Advisors, LLC (the “Advisor”). We refer to this transaction as the “Internalization.” As a result of the Internalization, the Company will become a self-administered real estate investment trust, managed full-time by William M. Kahane, one of the key executives who built the Company and assembled its property portfolio, and his management team, along with key personnel primarily responsible for the day-to-day operations of the Company. Also in connection with the Internalization, the Company has filed an application to list its common stock on The NASDAQ Global Select Market (“NASDAQ”) under the symbol “ARCT.” The Company anticipates that its common stock will be listed on NASDAQ on or about March 1, 2012 (the “Listing”). The Company plans to consummate the Internalization on the date the Listing occurs. [More]

NEW YORK--(BUSINESS WIRE)--American Realty Capital II, LLC, the sponsor of nine public real estate companies and a business development company, announced today that it has changed its name to AR Capital, LLC (“AR Capital”) in recognition of its expanded role in creating and distributing direct investments outside its traditional base of real estate offerings. In addition, AR Capital announced that Michael Weil has been appointed President of AR Capital. [More]

American Realty Capital Daily Net Asset Value Trust, Inc. (“the “Company”) announced that on January 31, 2012, it purchased two additional freestanding, single-story Family Dollar stores located in Kansas, Okla. and Gloster, Miss., for an aggregate contract purchase price of approximately $1.7 million, exclusive of closing costs. The sellers of the two properties do not have a material relationship with the Company and the acquisitions were not affiliated transactions. [More]

American Realty Capital Trust III, Inc., (the “Company”) announced that on January 25, 2012, the Company closed its acquisition of a fee-simple interest in one building located in the Express Scripts headquarters campus in St. Louis, Missouri, at a contract purchase price of approximately $42.6 million, exclusive of closing costs. [More]

American Realty Capital Properties, Inc., (the “Company”) (NASDAQ: ARCP) announced today that, pursuant to the prior authorization of its board of directors, the Company has a declared an annual dividend of $0.875 per share to be paid monthly to stockholders of record at the close of business on the 8^th day of each month payable on the 15^th day of such month. Accordingly, on February 15, 2012, the Company will pay a distribution of $0.0729 per share to stockholders of record at the close of business on February 8, 2012. [More]

American Realty Capital Healthcare Trust, Inc. (the “Company”) announced today that it closed on the acquisition of a build-to-suit property leased to BioLife Plasma Services L.P. at a purchase price of approximately $5.7 million, exclusive of closing costs. This acquisition increases the total size of the Company’s portfolio to approximately $174.7 million, comprising 14 properties. [More]

American Realty Capital Properties, Inc. (“ARCP” or the “Company”) (NASDAQ: ARCP) announced today that it closed on the acquisition of a Walgreens drug store located in Eastpointe, Mich. The total purchase price for this property was approximately $3.8 million, exclusive of customary closing costs. [More]

American Realty Capital Properties, Inc. (NASDAQ: ARCP) today announced the tax treatment for dividend distributions taxable in 2011 on its common stock (“Common Stock”). The 2011 distribution of $0.2187 per share is classified for income tax purposes as follows...

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American Realty Capital Healthcare Trust, Inc. (the “Company”) announced today that it closed on the acquisition of the Village Healthcare Center at a purchase price of approximately $4.5 million, exclusive of closing costs, representing the third tranche of a portfolio of 10 high-quality income producing healthcare facilities. This acquisition increases the total size of the Company’s portfolio to approximately $169.0 million comprising 13 properties. [More]

 

American Realty Capital Healthcare Trust, Inc. (the “Company”) announced today that it had raised in excess of $75.0 million in aggregate gross proceeds from all investors for its shares of common stock. Accordingly, the Company is now accepting subscriptions from all states where it has cleared, including subscriptions from residents of Pennsylvania.

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American Realty Capital Properties, Inc., (“ARCP” or the “Company”) (NASDAQ: ARCP) announced today that its board of directors authorized and the Company declared an increase to the Company’s annual dividend. The Company will increase its annual distribution by $0.005, from $0.875 to $0.880 per annum. The new annual distribution rate will accrue commencing on February 9, 2012. Distributions will continue to be paid on the 15^th day of each month to stockholders of record at the close of business on the 8^th day of such month. [More]

American Realty Capital Properties, Inc., (“ARCP” or the “Company”) (NASDAQ: ARCP) announced that on January 10, 2012, the Company closed its acquisition of a fee simple interest in a Social Security Administration building located in Freeport, New York, at a purchase price of approximately $4.9 million, exclusive of customary closing costs. [More]

Philadelphia SmartCEO magazine is pleased to announce that Nicholas S. Schorsch is among the winners for the 2012 Philadelphia SmartCEO/Clifton Gunderson Future 50 awards. The award recognizes the area’s 50 fastest growing companies based on employee and revenue growth over the past three years. The impressive group leads companies that boast $10 billion in collective revenues and manage more than 55,000 employees in the Greater Philadelphia area. [More]

American Realty Capital Properties, Inc. (NASDAQ: ARCP), announced that CEO Nicholas S. Schorsch will ring the NASDAQ closing bell today to commemorate the NASDAQ OMX 2012 REIT IPO Forum. The conference, entitled, “The Modern REIT IPO: Dream it. Do it.”, is the first-ever real estate investment trust (REIT) industry IPO conference organized by NASDAQ OMX and is co-sponsored by American Realty Capital and Realty Capital Securities.

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Investment firm American Realty Capital (“ARC”) announced today that proven industry leader Richard Arnitz has joined the company as Executive Director of its broker dealer subsidiary, Realty Capital Securities (“RCS”) to direct the company’s strategic sales initiatives which intend to raise $3 billion of equity capital for two of its sponsored offerings, American Realty Capital Healthcare Trust and American Realty Capital Retail Centers of America. [More]

American Realty Capital Daily Net Asset Value Trust, Inc. (“the “Company”) announced that on January 5, 2012, it broke escrow and issued shares of common stock to its initial investors who were admitted as stockholders, including American Realty Capital II, LLC, the Company’s sponsor, which purchased $2.0 million of the Company’s retail shares at a purchase price of $9.00 per share. [More]

American Realty Capital Properties, Inc., (“ARCP” or the “Company”) (NASDAQ: ARCP) announced that on December 29, 2011, it closed on the acquisition of a Walgreens drug store located in Myrtle Beach, South Carolina. The total purchase price for this property was approximately $2.4 million, exclusive of customary closing costs. [More]

American Realty Capital Healthcare Trust, Inc. (“ARC Healthcare” or the “Company”) announced that on December 29, 2011, the Company closed its acquisition of a fee simple interest in a medical office building located in Willingboro, New Jersey, for a purchase price of approximately $3.3 million, exclusive of closing costs. The acquisition increases the total size of ARC Healthcare’s portfolio to approximately $164.5 million, comprising 12 properties.

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